The Numbers Are Pointing to Growth for Shares of Cognizant Technology Solutions Corporation (CTSH)

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Cognizant Technology Solutions Corporation kicked off the trading day on 10/10/19 with a price increase of 0.61%, equivalent to $0.36 relative change for the day. Taking a more long-term approach, CTSH had a 52-week range of $56.73 to $74.85. At the time of this article’s publishing, this stock is trading at $59.80 after starting the trading session at $59.05. At the time of writing, this stock’s 50-day Moving Average stands at $61.80, while the 200-day Moving Average of this stock is currently $65.90.

Currently, this company’s share volume is sitting at $2340420, but has maintained average daily volume of $3.23M. This stock has generated an average Year to Date volume of $4.27 million, alongside an average 20-day volume of $3.36 million. This publicly-traded company’s shares outstanding now amounts to $564.00 million, simultaneously with a float of $549.88 million. The organization now has a market capitalization sitting at $33.73 billion.

Cognizant Technology Solutions Corporation(CTSH) Ownership Data

Now let’s turn our focus to how large-scale investors are behaving with this stock. Cognizant Technology Solutions Corporation’s current insider ownership accounts for 0.30%, in contrast to 95.70% institutional ownership. According to the most recent latest insider trade that took place on Sep 13 this organization’s General Counsel sold 452 at the rate of 64.29, making the entire transaction hit 29,059 in total value, affecting insider ownership by 0. Preceding that transaction, on Sep 13 Company’s EVP – Chief People Officer sold 1,125 at a price of 64.30, making the whole transaction’s value amount to 72,340. This particular insider is now the holder of 3,073 in total.

If we take a glance at the Ownership summary of Cognizant Technology Solutions Corporation’s stock, Institutional holders make up 95.70% of its total stock ownership. All together, they are the legal holders of 564.00M shares. If we focus on the top 3 stockholders for this publicly-traded organization, The Vanguard Group, Inc. owns 43,124,146 shares, with BlackRock Fund Advisors in 2nd place owning 26,362,126 shares and Massachusetts Financial Services Co. in third place with total ownership of 23,358,573 shares.

Cognizant Technology Solutions Corporation (CTSH) Earnings and Revenue Data

In the latest quarterly report that this company released, which was put into the public domain on 6/29/2019, the organization reported $0.94 earnings per share (EPS) for the three-month period, surpassing the consensus estimate (set at $0.92) by $0.02.

This company achieved a net margin of 12.61 while generating a return on equity of 18.95. Cognizant Technology Solutions Corporation’s full-quarter revenue increased by 4.17%, when compared against the year-ago quarter. Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.06 per share during the current fiscal year.

Cognizant Technology Solutions Corporation’s EPS increase for this current 12-month fiscal period is 0.70%, and is forecasted to reach 4.33 in the upcoming year. Looking at the long run, market analysts have predicted that Company’s EPS will increase by 5.86% through the next 5 years, which can be compared against the 12.20% growth it accomplished over the previous five years trading on the market.

Additional Trading Performance Indicators

Now turning our attention to the current performance indicators for Cognizant Technology Solutions Corporation, this organization’s Quick Ratio in the last reported quarter now stands at 2.60. The company has managed to achieve an average true range (ATR) of 1.14. Alongside those, its PE Ratio stands at $16.62, and its Beta score is 1.04.

Another valuable indicator worth considering is a publicly-traded company’s price to sales ratio for trailing twelve months, which is currently 2.05 for this organization. Similarly, its price to free cash flow for trailing twelve months is now 21.73. Plus, this company’s price to book ratio for the last three-month fiscal period reported is 3.19, whereas its price to cash per share for the last quarter landed at 5.32.

In the same vein, CTSH’s Diluted EPS (Earnings per Share) trailing twelve months was posted at 3.60, a figure that is expected to reach 1.05 in the next reported quarter, and analysts expect it will be 4.33 at the market close of one year from today’s date.